Actuarial Analyst - LATAM

Join us at Gallagher Re, the trailblazers of the reinsurance world, where every day brings new opportunities to shape the future. We empower our clients with cutting-edge analytics and insights, providing them the confidence to make strategic decisions that transform industries. As a team member, you'll be at the forefront of innovation, translating data into impactful solutions and taking the reins of your career like never before.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.

Gallagher Re is looking for a Junior Reinsurance Actuary with a first experience in Reinsurance pricing and structuring.

You’ll be based in London (City) and work closely with brokers in London, Miami and South America and Analysts across the region (Americas, UK and India ) to provide strategic advisory services to a wide range of clients in all aspects of reinsurance analytics..

This is a highly commercial role with excellent career prospects. You will gain exposure to all P&C lines of business including Customized/Alternative solutions, Specialty Lines as well as Life reinsurance deals.

• Reinsurance treaty pricing for property (mainly), but also casualty and specialty lines.
• Reinsurance structure optimisation and profitability analysis to manage earnings volatility and solvency risk for local and regional clients.
• Analytical reviews (e.g., DFA modelling, structuring and pricing) in response to request for proposals.
• DFA modelling of structured / customised solutions across multiple lines of business in line with the client’s risk appetite framework.
• Building bespoke models and developing new modelling approaches for un / poorly modelled perils, niche portfolios or black swan events.
• Delivering compelling presentations and advice to the Reinsurance buyer and C-suite of insurance groups across Latin America and the Caribbean.
• Develop innovative analytical products to expand the service offering to current clients and prospects.
• Providing guidance to more junior members of the team.
• Opportunity to travel in the region and present to clients in Miami, across South / Central America and in the Caribbean.

• 2+ years professional work experience in Reinsurance industry (reinsurance broker, reinsurer or ceded reinsurance team at an insurer)
• Professional / academic actuarial or similar qualification
• Strong analytical skills, ability to apply advanced mathematical / actuarial concepts and techniques in a dynamic environment.
• Strong interpersonal skills to deal with a wide variety of stakeholders.
• Ability to manage competing priorities and delegate tasks as appropriate.
• Strong oral and written communication skills.
• Experience in training more junior people desirable
• Spanish-speaking proficiency desirable

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

• Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days
• Defined contribution pension scheme, which Gallagher will also contribute to
• Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
• Income protection, we’ll cover up to 50% of your annual income, with options to top up
• Health cash plan or Private medical insurance

Other benefits include:

• Three fully paid volunteering days per year
• Employee Stock Purchase plan, offering company shares at a discount
• Share incentive plan, HMRC approved, tax effective, stock purchase plan
• Critical illness cover
• Discounted gym membership, with over 3,000 gyms nationally
• Season ticket loan
• Access to a discounted voucher portal to save money on your weekly shop or next big purchase
• Emergency back-up family care
• And many more…

We value inclusion and diversity

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.

We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know.

Should you require reasonable adjustments to your application, please get in touch with [email protected] . If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.